Bankruptcy: BlackRock Finance, Inc.

Form Type: SCHEDULE 13D/A

Filing Date: 2025-01-22

Corporate Action: Bankruptcy

Type: Update

Accession Number: 000095017025007535

Filing Summary: This document is an Amendment No. 3 to Schedule 13D filed by BlackRock relating to the common stock of Vertex Energy, Inc. It updates information concerning the company and its executives, specifically in connection with Vertex Energy's bankruptcy proceedings. On September 24, 2024, Vertex Energy filed for Chapter 11 relief. The plan of reorganization was confirmed by the Bankruptcy Court on December 20, 2024, and became effective on January 21, 2025. As a result of the plan, the company's outstanding common stock and warrants were cancelled, and new common equity interests were issued to holders of Allowed DIP Claims and Allowed Term Loan Claims. BlackRock ceased to beneficially own more than five percent of the Issuer's common stock as of January 21, 2025, indicating a significant change in their holdings post-restructuring. No transactions in the common stock were reported by BlackRock in the preceding 60 days, except for the cancellation noted in the plan.